I haven't listened for a second because this guy is retarded. He is claiming bitcoin is now in the "banana zone" and there is no more risk left. Sell everything.
Lets forget for the moment how much you can make in the next 6 years. How many people (especially retail traders) do you think would even make it that far?
6 years is going to be hard to project, since we don't even know how long the war in Europe is going to last. Try to guestimate that down to a couple standard deviations and then we can try modeling some stuff... On the other hand... UK is imploding due to migrant/immigration crisis, and Canada has exploding crime-rate and rapidly expanding Sharia Law already. So... how to capitalize on that? Has to be something better out there than going long on 'burqas' and levering up.
What a bunch of nonsense. Autocomplete is going to cause an “economic singularity” of superabundance making money useless? If anything we are regressing. We struggle to build railroads and 155mm artillery shells. We went to the moon 55 years ago with slide rules, pencils & paper, but 2024 NASA and Boeing literally can’t duplicate 1950s rocket tech. All this as public schools spend $2000 a year to stick a laptop screen in the face of every student. If “AI” ends up taking over major economic sectors it’s because we’ve reached full Idiocracy stage, where the average ability level is now so low that industrial civilization is otherwise impossible.
omg exactly the perception is currently the opposite of reality The only way we can see a period of abundance in the next 6 years would be if they decided to print an enormous amount of money to prop up the economy. ... but oh wait!! This has already just happened! It's so over.
I remember reading Raoul Pal since the GFC. Back then he was a permabear telling everyone hyperinflation was coming and to buy Gold & Silver. In short he was the typical ZeroHedge contributor.